Signify Health acquires start-up TAV Health in multimillion-dollar deal

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Signify Health acquires start-up TAV Health in multimillion-dollar deal
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Signify Health acquired TAV Health, marking a rare acquisition of a start-up that is focusing on social determinants of health.

Signify Health, a health-tech company that helps monitor patients outside of the hospital, has acquired TAV Health, a start-up that builds cloud-based tools to connect health providers to community health services.

To keep people healthy, sometimes providing great access to doctors, surgeries and tests isn't enough. What also matters is whether a patient has secure housing, fresh produce and a network of caregivers. Otherwise, they could relapse after a surgery or procedure and end up back in the hospital. Signify tracks how patients with chronic conditions are faring in nursing facilities and in the home on behalf of its health plan customers. Signify does that by sending over a care team to check in on the patient's environment at home, where they look at things like how much food is in the fridge or if the carpet is smooth to prevent accidental trips and falls. With that data, it's building a more robust health record for each patient.

San Antonio, Texas-based TAV Health was founded by Jamo Rubin, a doctor and serial entrepreneur, who said he started the company because in the medical world,"it's so clear to me now that in the hospital environment or clinic environment, what's really going on with patients is hidden from clinicians."

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